Results

Journal article

American Economic Journal: Applied Economics:

Do carbon offsets offset carbon?

We develop and implement a new method for identifying wasted subsidies and use it to provide systematic evidence of the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offs...Read more...

Journal article

The Economic Journal:

Globalization and conflicts: the good, the bad, and the ugly of corporations in Africa

Using a novel georeferenced datataset on the affiliates and headquarters of multinational enterprises between 2007 and 2018 together with georeferenced conflict data for the African continent, this work establishes a cau...Read more...

Blog

Vox Lacea:

Brazil's comparative advantage in soybean production triggered deforestation

In today's globalised world, technology and trade are key driving forces shaping agricultural markets worldwide. Igor Carreira, Francisco Costa and Joao Paulo Pessoa delve into the intricate relationship between trade an...Read more...

Journal article

Environmental and Resource Economics:

The impact of climate change on risk and return in Indian agriculture

We investigate the extent to which climate change will result in insurable and uninsurable losses for farmers in India. Changes in temperature and precipitation patterns may increase the volatility of farmers' yields, le...Read more...

CentrePiece article

The roles of nature and history in world development

Vernon Henderson and colleagues explore fundamental determinants of the location of economic activity....Read more...

SERC/Urban and Spatial Programme Discussion Paper

The Global Spatial Distribution of Economic Activity: Nature, History and the Role of Trade

We study the distribution of economic activity, as proxied by lights at night, across 250,000 grid cells of average area 560 square kilometres. We first document that nearly half of the variation can be explained by a pa...Read more...